Study On Beijing's Rural Households' Productive Investment Behavior

With the implement of the rural households' family contract responsibility system, China's rural households have taken up a basic role in agricultural economy under this institutional arrangement. The rural households have got the controlling right for collocating the resource of the capital and the labor. And also they have already become the most important managerial decision-making unit in the rural society and economy. Since the opening reform and with the deepening of reform process in national administrative, fiscal and financial systems, the rural households have also become the basic unit in the rural investment, and their status are got consolidated. Beijing rural households' investment have arrived more than fifty percent of Beijing's agricultural investments' total, so their ability to invest and investment propensity do have the fundamental influence on Beijing's agricultural investment.Beijing has been in the leading and special position in China's agricultural economy development. In mis paper, the author has studied Beijing's rural households agri-productive investment behavior from four aspects: Beijing's rural households' investment position, Beijing's rural households' overall investment status, Beijing's rural households' overall investment characteristics, Beijing's rural households' investment behavior evaluate. And also, the author has established the Beijing's rural households' agri-productive investment behavior model with the data of 13 rural areas in Beijing from 1995 to 2002. The results indicate: the rural households' agri-productive investment behavior are generally affected by such factors: the rural households' basic family status, the rural households' owning resource, market terms, the different geographical environment and the external economy environment If other factors remain unchangeable, the rural households would increased their agri-productive investment scale in the next year by such terms: the rural households' family size get bigger, the rural households improve the educational level, the rural households decrease the opportunity in working in the second or the third field, the family agricultural opening revenue got increased last year, the rural households' productive capital assets got increased last year.The results of this empirical study carry very important policy implications. Such findings can assist policy makers set out sound relevant agricultural policies conducive to facilitating the rural households' agricultural investment behavior. In order to develop agricultural economy in sustainable manner, the Beijing government should father consolidate the rural households' basic investment principal part. And also direct the financial fund, loan and other investment form transferring to the agricultural term actively in order to form the capital complementary system. Furthermore, the government should improve the rural households educational level and increase their earnings especially their agricultural opening revenue. So that can increase the agricultural yield ratio and improve their investment enthusiasm and investment scale. Besides, more efforts are needed to develop the rural infrastructure in order to improve the rural investment environment.